Mortgage 101

What is a mortgage or a home loan?

A mortgage is a debt instrument giving conditional ownership of an asset, secured by the asset being financed.

Good to know:

Loan-to-value (LtV) is a ratio, expressed as a percentage, of the requested
amount of your mortgage divided by the purchase price or appraised value of your home.

Loan-to-income (LtI) is a ratio, expressed as a sum, after considering
multiple factors such as your monthly income, employment history, and creditworthiness.

Which mortgage forms are available in The Netherlands?

When we talk about mortgage forms, we talk about the amortization. For new mortgages, there are only three mortgage forms possible. Each has its pros and cons. Which one is a good fit for you? That depends on your situation.